HomeMy WebLinkAboutThe Goderich Signal-Star, 1969-03-27, Page 13•
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IV
4.
4,
THE BLUE THUMB
BY G: MacL•EQD ROSS
.a9
An article in the Globe and
Mail for February 25 by Chris
Braithwaite drew attention to
the "uniquely Canadian
problem►" of "tremendous
,regdonali diversity." there -is. the
affluent West and Centre and the
indigent East. Efforts to date to
deal with these disparities have
been fiscland monetary policy
concern's, but as the governor of
the Bank of Canada has pointed
out, - the effects 'of monetary
policy canj�►►ot be directed to
particulartfareas. Both criteria
and impact are based, on a
° nation-wide average.
As a result, it is claimed that
when the West and Centre.
experience inflation and interest
rates are raised to temper it, this
of is just the .action which sets back
the poorer East. The conclusion
is that three separate economies
should be recognized and each
dealt with individually, The
failure, to recognize,, ' the
disastrous effect of applying the
• national average to, the East has
caused the •professional
economists to express surprise at
inflation increasing at the same
time as unemployment. But
when the individual figures are
compared, what do we find?
Bicycling
safety
tips(
Here are some 'tips for safer
cycling from the Transport
Department:
(1) Obey all traffic laws, signs
and lights.
(2)_Sighat ._turns ahd_ . fops.._.,
with the proper signals with the
left arm out and up for a right _Q
turn... out straight 'for a left
turn....out and down for a stop.
• (3) After signalling, return
your left hand to the handle bar
promptiy....and-keep both hands
on the handle "liars.
(4) Ride in single"'iile, close to
the curb. t
(5) At -busy intersections,
stop At' the curb', 'ly iz<r
bike and walk it across. At stop
lights, walk' your bike across
9p4k,on the green signal.
(6) Walk your bike when
♦ you're on a sidewalk. Only, very -
small children with sidewalk
,bikes_ may use the walks for
riding.
(7) Carry parcels in a
carrier not in your hand.
(8) A regulation bike is for
one rider....no • passengers
allowed:
Ontario with a booming
economy has an unemployment
figure of 3.5 per cent, whereas
the depressed Atlantic Provinces
averaged 7.3 per cent;
- Newfoundland had 9.7' per cent.
The immediate solutions to
-assist the East have been
equalization payments and
regional development agencies.
Now a`' new Department of
Regional . Economic Expansion Ls
proposed, but what its policy is
to be has, yet to be disclosed.
Will it. be "More of the Same?
Robert ' Comeau, an
economist. at Dalhousie
University, Halifax, . has studied
the to aI' e'ffeets of our overall
national monetary policy. He •
suggests that if yields could vary
in different a regions, the banks
could encourage new investment
in the Atlantic Region whilst
discouraging it in the West, and
Centre. The U.S. system permits
such regional diversity, since the
banks which may operate in one
State only are controlled as to
maximum interest rates by the
regional Federal Reserves Banks.
As an example of how this
works, considerable Eastern U.S.
funds were attracted• to
California by the aggressive
Savings and Loan Associations
there, which offered higher
yields than - their Eastern
counterparts.
Thus far Canada 'has
employed only -the dole system
of help .to areas and Qindustries„
with marginal economics. Areas
(9) If you're riding after
dark, or in poor visibility, your
bike must have a white or amber
front light, a red reflector or
light bn' the Year, red reflective
material at least 10 inches long
and one inch wide on the back,
fender, and white reflective
,material at least 10 inches long
and 'one inch wide' on the front
forks.
:W. J. Denomme
IFLOWER1
.
sHop
Phone
,524-
$132
• * , DAY
OR
NIGHT
Arnt fok 24 -hr.
FILM DEVELOPING
4
a
Productivity
•
are marginal for such reasons as
inclement weather, absence of
fertile soil, absence of any
natural resources such as hydro
power or mineral wealth and
worst of all, by absence of a
market for `what • they do
produce. '
An editorial in La Presse
dilates on 'what a strange
country. Canada. is. With the best
fishing in the world, 'we
cannot sell fish meal. For three
years Atlantic producers have
had few orders, so what is the
remedy? The F, deral
government will buy stoks of
frozen fish meal "to balance
market , prices." This will be
stored in refrigerated warehouses
at vast extra 'expense and, as the
Fisheries Minister, Jack Davis
says, "in the long run sold
through the usual channels." In
other words the cost to the
taxpayer will be several times
greater than had the fish never
been ,caught, but left to roam
the seas, while a dole was paid
the fisherman to desist from
adding to the mass of fish meal
already in storage. How wduld
this differ from rationing the
acreage on which you are
allowed to grow tobacco or
' wheat?
But storage is the favourite
solution as evidenced by the vast
mountains of butter, wheat and
now fi's'h meal that we collect
annually. Wherein lies the logic
in -this wasteful burying of the
DOIT NOW!
When You PAINT.. .
Use -the -Best!
FOR PROTECT/ON • AcOR 8EAl/1'
Priced
From
s,6 .95
UP
DECORATE YOUR HOME
WITH
1'
Elki SUN. WORTHY
surplus which is neither wanted
nor • can it be afforded? It is
another of the spurious devices
whichy ensure the decline of
political credibility in the eyes'
of the electorate.
The question then arises, to
what degree should the rich
Provinces subsidies the poor via
Federal taxation? Years ago such
economic failures as the sudden
disappearance of the herring
from the,West coast- of Scotland
resulted in• scores 14 fishing
villages becoming derelict. You
have only to travel the' Cariboo
Trail or the route of the `49ers
in California, tonote the
desolation of villages resultant
on the disappearance of the gold
vein. Few perhaps remember
how the vast Lancashire cotton,
weaving industry died almost
overnight in the face of Indian
competition. Innone pf these
gases did the government step in
• to subsidise the suddenly
unemployed workers. They
moved , from the locale of their
hitherto successful labours and
found a living elsewhere.
Today ideas have changed
to an extent that a government
is constrained to underwrite any
vagaries of eith`:ernature or
competition. As a result we have
mountains of surplus fish meal,
butter, wheat ,.and gallons of t
.milk. Surely there must be some
cut-off to our generosity.
Cannot the governments,
Federal and Provincial, obtain
some return. fox Qur _money? Ina
some of the examples of bad
luck mentioned above, assistance
to relocate the losers was
forthcoming. This was highly
sensible because it invariably
involved the -'quid pro quo that
the losers, once relocated,
became self-supporting: ;''' The
subsidy promoted marketable
productivity. It was not a dole.
And that seems to be the test
which 'should be applied to,any
policy of assistance,.- Will it be
productive or will it promote
degeneration? Currently we are
far too enamoured of the dole.
Idealogically -it ensures sound
sleep to the do-gooders, but
from a humanitarian point of
view it is the greatest disservice.
When we come to the
individual, as opposed to the
collective aspect, the dole has to
be given to those who for some
reasbn cannot provide for
themselves or their family. But
there are many of— these who
insist on remaining in or on
' specific -areas. Too often we read
of families sported from
public funds in 'the city of
Toronto where the cost of living
in - the highest in Canada.
[Consumer Price Index 159.41
They Ire completely
non-ppoduc 've for reasons
beyond thei* immediate control,
but they elect to remain in
Toronto or Ottawa, when they
could be -publicly supported for.
much less cost in some country
town. . '� , .
Is , there to �` tae no obligation .
on the part Of the recipient
whatsoever? The least they can
do ,,•is to lighten the burden of
. the man who pays,
Turing back once moreto the
collective aspect of the problem,
the question posed is: "Must the
people of 'Canada .finance the
hopeless attempt? Must we with •
our modicum ' of intelligence
senselessly pontinue to knock
our collecti e head against the
immovable ,wall? Must we
discontinue reinforcing\, success
and instead cultivate failure? Are '
we all to founder in a sea of
negative •incentive? Must we
finance every village and town in
Ontario which shows no
progress; whose industry4loes
not show an annual increment?
Equal 'opportunity for all is a
wonderful slogan, but' it does
not -mean that if you choose to
ignore society and customs and
nature, you are entitled to
special treatment at the expense
of your neighbour.
.,,11! IIHiiitil
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GODERICH
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Bakery Features!
JANE PARKER
PUMPKIN PIE
8 Inch
Pie
Reg. Price 59c — SAVE 10c
JANE PARKER DELICI9US,
5.
4
CANADA'S FINEST QUALITY RED BRAND StiER BEEF
CROSS RIB ROAST
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SUPER -RIGHT, SMOKED,
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ALL BEEF 16 59? BOLOGNA, BY THE PrECE lb.
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'21b. 9.9)21 SAUSAGE
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BABY FOODS 8 43/4 n °z1Ins
Allen's Vitaminized , Reg. Price' 45C' — SAVE 15c -
APPLE JUICE 2 48 floTls 751
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Dunean,Hires _(13,Varj_eties) Reg. Pelee each 49e — SAVE 9c
CAKE -MIXES .241"z Pkg5-8 99-
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